He said the profitability improvement is roughly equal between Create Solutions – the segment of the business that focuses on the Unity Engine – and Grow Solutions, a new reporting segement that handles Unity's ads products and services. In an earnings call, senior vice president and chief financial officer Luis Visoso told investors that while Unity was only profitable (on a non-GAAP basis) in Q4 2022, the company expects to be "profitable every single quarter" in 2023. Non-GAAP operating loss: $90 million (77.5% change from operating loss of $50.7 million in 2021).Non-GAAP operating income: $13 million (up 208% from operating loss of $12 million in 2021).Operating loss: $274 million (89% change from operating loss of $144.8 million in 2021).Grow Solutions revenue: $253 million (no prior comparison, first time posted under a different reporting structure).Create Solutions revenue: $198 million (up 98.2%, but now also includes Unity Gaming Services and Strategic Partnerships).Revenue: $451.3 million (up 43% year-on-year).The company also reported record full-year revenues at $1.39 billion. For the first three quarters of this year, Unity posted a non-GAAP operating loss of $22 million, $44 million and $37 million respectively. In a letter to shareholders, the company reported a non-GAAP operating profit of $13 million for the three months ended December 31, 2022. ![]() Unity has posted its first profitable quarter in the company's 18-year history, albeit on a non-GAAP basis. ![]() ![]() Sign up for the GI Daily here to get the biggest news straight to your inbox
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